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head into the new year with the government on the edge of the fiscal cliff. and for many of us, the usual year-end financial strategies may not apply this year. 7 on your side's michael finney has some tips to help sort out of confusion. out the confusion. >> when it comes to year-end finances it may not add up. >> it is difficult to do any tax planning and advising because nobody really knows exactly what is going to happen. >> much of the uncertainty centers around whether the united states is about to fall off that fiscal cliff. if that happens, that would mean the end of the temporary payroll tax cuts. even if that doesn't happen, most believe taxes will go up next year. >> one of the things that is being floated right now is people are advising people to get out of dividend paying funds, high dividend yield funds and move more into tax exempt bonds and things like that that won't be taxed. >> the current budget negotiations between president obama and house speaker john boehner also could mean the reduction of the popular deduction for charitable contributions. >>- q. i if
days looks to be on thursday. >> ama: thank you. still to come, falling off the fiscal cliff. it's down to the wire. but will congress bow to president obama's pressure. >> and the i-team reveal while the state unemployment department won't answer your phone call when you knead the most help. >> the fight against the growing crime in oakland. what community leaders say >> ama: our breaking news from the south bay. san jose firefighters are battling a two-alarm fire in an important building -- an apartment building. firefighters say a second floor apartment is fully engulfed in flames. there's a report of one injury to a person suffering smoke inhalation. >> a family is grieving the loss of a father and son. the father tried to save his nine-year-old son who was overtaken by a wave. both victims were pronounced dead after rescuers recovered them off the shore. >>> san francisco police are looking for the man who robbed a woman, then killed her dog, last night. the 12-year-old pekingese was thrown on the street in front of traffic. a witness to the crime is offering a $1,000 reward to cap
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